Carnival Cruise Lines is returning to Mobile, Alabama today. We’re excited about the return of a cruise ship to the historic and beautiful Azalea City, home of America’s first Mardi Gras celebration. But in the midst of this enthusiasm, a word of caution is in order. Continue reading →

Information suggests that banks operating in Mobile and Baldwin Counties are improving in financial strength. Of the 28 banks ranked here, seven improved since our last report. Only one bank in the two counties lost ground. Continue reading →

Montgomery continues to be the most optimistic of the four metro areas tracked by the survey with an index of 51.3 prediction for the fourth quarter of this year. Confidence among Mobile businesses rose 2.1 points to 51.0, following the Airbus announcement and improving job growth. Continue reading →

Business sentiment measured by UA’s Alabama Business Confidence Index™ (ABCI) moved back into positive territory at 50.8 for the first quarter of 2012, up 5.3 points from last quarter’s 45.5. Panelists are generally feeling mildly optimistic about their prospects this quarter, with all four industry indicators at or above 50. Continue reading →

When Bill Paulk opened his coppersmith company in 1985 at age 64 he says it was as “a retirement business.” Now 26 years later at age 90, Paulk gives no hint of real retirement. He still turns out handcrafted copper lanterns. Continue reading →

A recent report sheds light on the problem of foreclosures in Mobile and statewide in Alabama. While not hit as hard as such states as Florida, California, and Michigan, Alabama and its metro areas have been no exception to these problems. Data confirms that the year-to-date peak median sales price for 2011 is down about 4 percent from 2010, and about 11 percent from 2008. Continue reading →

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